Coca-Cola signed a lease on two floors at a Midtown office building owned by real estate investor Tamir Sapir, several industry sources told The Real Deal. The beverage manufacturer leased space at 261 Madison Avenue, according to the sources. Information from real estate data firm CoStar Group shows that an unidentified tenant signed a new lease last week for 43,874 square feet inside the 412,000-square-foot Madison Avenue building, located at the corner of 39th Street.
The rent was estimated at $45 per square foot, CoStar information shows. [more]